4-bedroom terraced house · NG6 0FX
For saleReduced £10k (−6.7%) on 9 OctListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenants in situ – four bedroom mid-terrace...
This well-presented four-bedroom mid-terrace house is offered to the market with tenants in situ, making it an attractive opportunity for investors seeking an established rental property.
The property provides spacious and versatile accommodation arranged over two floors, comprising two reception rooms, a modern fitted kitchen, four bedrooms and two bathrooms.
The ground floor features two reception rooms, providing flexible living and dining space, together with a modern fitted kitchen and a useful ground floor bathroom.
To the first floor are four well-proportioned bedrooms and a further bathroom.
The property offers a practical layout with generous accommodation and benefits from an existing tenancy, providing an opportunity for a purchaser looking to add to or establish a rental portfolio.
Externally, the property benefits from a low maintenance garden and street parking. The property is situated in a convenient location close to local amenities, schools and transport links.
Must be viewed Entrance Hall (4.53m x 0.93m) The entrance hall has carpeted flooring and a single UPVC door providing access into the accommodation.
Living Room (4.50m x 3.02m) The living room has carpeted flooring, a radiator, and a UPVC double-glazed window to the front elevation.
Dining Room (3.96m x 3.51m) The dining room has wood-effect flooring, a radiator, and a UPVC double-glazed window to the rear elevation.
Kitchen (4.15m x 2.18m) The kitchen has a range of fitted base and wall units with rolled-edge worktops, a stainless steel sink with a mixer tap and drainer, an integrated oven and hob with a stainless steel extractor fan and splashback, space and plumbing for a washing machine, vinyl flooring, partially tiled walls, a radiator, a UPVC double-glazed window to the front elevation, and a UPVC door leading out to the rear garden.
Hall (3.34m x 2.68m) The hall has vinyl flooring, a radiator, a UPVC double-glazed window to the rear elevation, and a UPVC door leading out to the rear garden.
Bathroom (2.70m x 1.76m) The bathroom has a low level flush W/C, a pedestal wash basin, a panelled bath with a wall-mounted handheld shower fixture, vinyl flooring, partially tiled walls, a radiator, and a UPVC double-glazed obscure window to the front elevation.
Landing (7.39m x 0.77m) The landing has carpeted flooring, a radiator, access to the loft, and access to the first floor accommodation.
Master Bedroom (3.53m x 3.00m) The main bedroom has carpeted flooring, a radiator, and a UPVC double-glazed window to the rear elevation.
Bedroom Two (4.58m x 1.93m) The second bedroom has carpeted flooring, a radiator, and a UPVC double-glazed window to the front elevation.
Bedroom Three (3.53m x 2.06m) The third bedroom has carpeted flooring, a radiator, and a UPVC double-glazed window to the front elevation.
Bedroom Four (2.59m x 1.95m) The fourth bedroom has carpeted flooring, a radiator, and a UPVC double-glazed window to the rear elevation.
Bathroom (1.52m x 1.36m) The bathroom has a low level flush W/C, a wall-mounted wash basin, a panelled bath with a wall-mounted handheld shower fixture, vinyl flooring, partially tiled walls, and a UPVC double-glazed obscure window to the side elevation.
Additional Information Broadband Speed - Ultrafast - Download 5500 Mbps - Upload 5500 Mbps | Phone Signal – Mostly Good 4G / 5G coverage | Electricity – Mains Supply | Water – Mains Supply | Heating – Gas Central Heating – Connected to Mains Supply | Sewage – Mains Supply | Flood Risk – No flooding in the past 5 years+ | Flood Risk Area - High | Construction – Brick | Mining Area – The property is situated within a coal-mining reporting area.
| Accessibility – No | Other Material / Safety Issues – No known safety issues have been disclosed by the seller.
| Any Legal Restrictions – No | Council Tax Band Rating - Nottingham City Council - Band A | Tenure: Freehold | Disclaimer Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities.
Purchasers must make further investigations and inspections before entering into any agreement. Front Garden To the front of the property is availability for street parking.
Rear Garden To the rear of the property is an enclosed garden with a paved area, an artificial lawn, and fence panelled boundaries.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 38 Lincoln Street, Nottingham
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